tomo logo

$319,000

Beds
3
Baths
2.0
sq ft
1,620

353 East Thomas Road Unit C408, Phoenix, AZ 85012

353 East Thomas Road Unit C408

Phoenix, AZ 85012

  • 68 days on market
    • Price drop $8,000↓
Gorgeous condo in Midtown! Enjoy peace of mind with the HOA covering electric, water, trash and sewer! Cute gated modern community with remodeled pools, large grassy areas and common area BBQ. Location is great, minutes away from the 10 & the 51 and by the light rail. Light and bright end unit 2nd floor from the top and easily accessed by elevator. Three bedrooms and two baths. Updated white kitchen with stainless steel appliances, tile and wood flooring, newer vanities in both bathrooms and updated lighting fixtures. Great floorplan with kitchen open to great room, balcony with doors from dining room and foyer, large entry and lots of storage. Entire building recently roofed.

Details

Property type

Condominium

Est. home value

$359,022

Lot size

1,928 sq ft

Price per sq ft

$197

Year built

1960

Annual property taxes

$473

Monthly HOA fee

$875

Price History

12/03/2024
ArizonaRegional

ArizonaRegional #6770693

Price change
$319,000
-2.45%
10/14/2024
ArizonaRegional

ArizonaRegional #6770693

Listed
$327,000
+3.81%
01/21/2022
ArizonaRegional

ArizonaRegional #6334695

Sold
$315,000
+28.57%

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Encanto School

Middle school: 

Encanto School

High school: 

Central High School

Community features: 

Gated, Clubhouse

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$209,034
Asking price
$319,000
Closing costs (~8% of asking)
-$25,520
Est. remaining loan balance
-$84,446
Cash to seller
$209,034

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

On Q Financial Inc

Loan start date

January 2022

Original loan amount

$90,000

Est. remaining balance

$84,446

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Robert Lotts

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/21/2024 at 7:30 AM

Listing updated: 12/03/2024 at 2:20 PM

Listed by: Tabor M Swallows-Vinck, Swallows & Associates Realty Phone #: (623) 780-8000

MLS: ArizonaRegional #6770693

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